When analyzing the impacts of various regulations, such as those aimed at vehicle and power plant emissions, government agencies use the social cost of carbon (SCC)—an estimate, in dollars, of the net damages incurred by society from a 1 metric ton increase in carbon dioxide emissions in a given year. At the Society for Benefit-Cost Analysis conference in Washington, D.C., March 16, faculty fellow Billy Pizer will serve as a panelist for a discussion of approaches to updating that cost. He will present recommendations of a new report by the National Academies of Sciences, Engineering, and Medicine for short- and long-term improvements to the SCC calculation.
Registration is required. For more information, please visit the conference website.